The recent Bitcoin “dumping” is a positive sign for the asset, but it could take years, not weeks, for Bitcoin to reach that magic $200,000 number.
Nic Puckrin, an analyst at The Coin Bureau, said Bitcoin is being “pulled in different directions by conflicting news” as it heads into the weekend.
Crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee.
Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG.
One of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals.
The slated roundtable discussion comes as privacy experiences a renewed focus from crypto industry executives and civil liberties activists.
Ether treasury companies are holding millions of dollars in unrealized losses, and the falling mNAV valuations and ETH’s potential to fall below $2,500 may further complicate matters.
Numerai’s NMR token jumped over 40% after it announced a new funding round led by major university endowments, pushing the hedge fund to a $500M valuation.
Acting CFTC Chair Caroline Pham may be one step closer to leaving the agency after the Senate Agriculture Committee advanced US President Donald Trump’s pick to replace her.
